Hi @Aniket,
I did a quick google search and it seems that the error is related to storage drives according to an older post on Virtualbox's forums. Did you manually set up the VM or did you utilize "import appliance" which provides the recommended settings?
Cy Jervis, Manager, Community Program
Was your question answered? Make sure to mark the answer as the accepted solution.
If you find a reply useful, say thanks by clicking on the thumbs up button.