Not able to deploy apps to simulator using XCode 15.0 and 15.4

I am getting error after XCode build completes in the simulator. Not able to install app in any simulator. Getting a popup with title

LLDB provided no error string.

and on tapping more details getting below error

Domain: IDEDebugSessionErrorDomain
Code: 3
Failure Reason: LLDB provided no error string.
User Info: {
    DVTErrorCreationDateKey = "2024-06-24 09:28:54 +0000";
    DVTRadarComponentKey = 855031;
    IDERunOperationFailingWorker = DBGLLDBLauncher;
    RawUnderlyingErrorMessage = "LLDB provided no error string.";
}
--
Could not launch <AppName>
Domain: IDEDebugSessionErrorDomain
Code: 3
Failure Reason: LLDB provided no error string.
User Info: {
    DVTRadarComponentKey = 855031;
    IDERunOperationFailingWorker = DBGLLDBLauncher;
    RawUnderlyingErrorMessage = "LLDB provided no error string.";
}
--

Event Metadata: com.apple.dt.IDERunOperationWorkerFinished : {
    "device_model" = "iPhone14,6";
    "device_osBuild" = "17.5 (21F79)";
    "device_platform" = "com.apple.platform.iphonesimulator";
    "dvt_coredevice_version" = "355.28";
    "dvt_mobiledevice_version" = "1643.100.60";
    "launchSession_schemeCommand" = Run;
    "launchSession_state" = 1;
    "launchSession_targetArch" = arm64;
    "operation_duration_ms" = 7177;
    "operation_errorCode" = 3;
    "operation_errorDomain" = IDEDebugSessionErrorDomain;
    "operation_errorWorker" = DBGLLDBLauncher;
    "operation_name" = IDERunOperationWorkerGroup;
    "param_debugger_attachToExtensions" = 0;
    "param_debugger_attachToXPC" = 1;
    "param_debugger_type" = 3;
    "param_destination_isProxy" = 0;
    "param_destination_platform" = "com.apple.platform.iphonesimulator";
    "param_diag_MainThreadChecker_stopOnIssue" = 0;
    "param_diag_MallocStackLogging_enableDuringAttach" = 0;
    "param_diag_MallocStackLogging_enableForXPC" = 1;
    "param_diag_allowLocationSimulation" = 1;
    "param_diag_checker_tpc_enable" = 0;
    "param_diag_gpu_frameCapture_enable" = 0;
    "param_diag_gpu_shaderValidation_enable" = 0;
    "param_diag_gpu_validation_enable" = 0;
    "param_diag_memoryGraphOnResourceException" = 0;
    "param_diag_queueDebugging_enable" = 1;
    "param_diag_runtimeProfile_generate" = 0;
    "param_diag_sanitizer_asan_enable" = 0;
    "param_diag_sanitizer_tsan_enable" = 0;
    "param_diag_sanitizer_tsan_stopOnIssue" = 0;
    "param_diag_sanitizer_ubsan_stopOnIssue" = 0;
    "param_diag_showNonLocalizedStrings" = 0;
    "param_diag_viewDebugging_enabled" = 1;
    "param_diag_viewDebugging_insertDylibOnLaunch" = 1;
    "param_install_style" = 0;
    "param_launcher_UID" = 2;
    "param_launcher_allowDeviceSensorReplayData" = 0;
    "param_launcher_kind" = 0;
    "param_launcher_style" = 0;
    "param_launcher_substyle" = 0;
    "param_runnable_appExtensionHostRunMode" = 0;
    "param_runnable_productType" = "com.apple.product-type.application";
    "param_structuredConsoleMode" = 1;
    "param_testing_launchedForTesting" = 0;
    "param_testing_suppressSimulatorApp" = 0;
    "param_testing_usingCLI" = 0;
    "sdk_canonicalName" = "iphonesimulator17.5";
    "sdk_osVersion" = "17.5";
    "sdk_variant" = iphonesimulator;
}
--


System Information

macOS Version 14.4.1 (Build 23E224)
Xcode 15.4 (22622) (Build 15F31d)
Timestamp: 2024-06-24T14:58:54+05:30