Bundling failed Ambigous resolution

[dineshswamy]

After npm install it started showing the following error

warning: the transform cache was reset.
error: bundling failed: ambiguous resolution: module `/Users/my-app/index.js` tries to require `react-native`, but there are several files providing this module. You can delete or fix them:

  * `/Users/my-app/node_modules/@ramotion/react-native-circle-menu/node_modules/react-native/package.json`
  * `/Users/my-app/node_modules/react-native/package.json`