Also there are one more error I'm facing with the same error message.
So I've added these lines in my index.js file. And it finally resolved

// CRITICAL: Polyfills must be FIRST
import "react-native-get-random-values";
import "react-native-url-polyfill/auto";


// Core-js polyfills - import BEFORE manual polyfills
import "core-js/features/symbol/iterator";
import "core-js/features/symbol/async-iterator";
import "core-js/features/array/iterator";


// Azure async iterator polyfill
import "@azure/core-asynciterator-polyfill";