Eureka server is not able to start with error java.lang.NoClassDefFoundError: com/netflix/config/ConfigurationManager - spring-boot

Question

I have just started learning eureka discovery server. I have created the base spring boot application using spring initializer. I have added enable eureka annotation and trying to start the application.
it is thorowing below error.
o.s.c.n.e.server.EurekaServerBootstrap : Cannot bootstrap eureka server :
java.lang.NoClassDefFoundError: com/netflix/config/ConfigurationManager
at org.springframework.cloud.netflix.eureka.server.EurekaServerBootstrap.initEurekaEnvironment(EurekaServerBootstrap.java:112) ~[spring-cloud-netflix-eureka-server-2.2.3.RELEASE.jar:2.2.3.RELEASE]
at org.springframework.cloud.netflix.eureka.server.EurekaServerBootstrap.contextInitialized(EurekaServerBootstrap.java:83) ~[spring-cloud-netflix-eureka-server-2.2.3.RELEASE.jar:2.2.3.RELEASE]
at org.springframework.cloud.netflix.eureka.server.EurekaServerInitializerConfiguration.lambda$start$0(EurekaServerInitializerConfiguration.java:70) [spring-cloud-netflix-eureka-server-2.2.3.RELEASE.jar:2.2.3.RELEASE]
at java.lang.Thread.run(Unknown Source) ~[na:1.8.0_251]
Caused by: java.lang.ClassNotFoundException: com.netflix.config.ConfigurationManager
at java.net.URLClassLoader.findClass(Unknown Source) ~[na:1.8.0_251]
at java.lang.ClassLoader.loadClass(Unknown Source) ~[na:1.8.0_251]
at sun.misc.Launcher$AppClassLoader.loadClass(Unknown Source) ~[na:1.8.0_251]
at java.lang.ClassLoader.loadClass(Unknown Source) ~[na:1.8.0_251]
... 4 common frames omitted
POM.xml file content:
<parent>
<groupId>org.springframework.boot</groupId>
<artifactId>spring-boot-starter-parent</artifactId>
<version>2.3.2.RELEASE</version>
<relativePath/> <!-- lookup parent from repository -->
</parent>
<groupId>com.learn</groupId>
<artifactId>discovery-server</artifactId>
<version>0.0.1-SNAPSHOT</version>
<name>discovery-server</name>
<description>Demo project for Spring Boot</description>
<properties>
<java.version>1.8</java.version>
<spring-cloud.version>Hoxton.SR6</spring-cloud.version>
</properties>
<dependencies>
<dependency>
<groupId>org.springframework.cloud</groupId>
<artifactId>spring-cloud-starter-netflix-eureka-server</artifactId>
</dependency>
</dependencies>
<dependencyManagement>
<dependencies>
<dependency>
<groupId>org.springframework.cloud</groupId>
<artifactId>spring-cloud-dependencies</artifactId>
<version>${spring-cloud.version}</version>
<type>pom</type>
<scope>import</scope>
</dependency>
</dependencies>
</dependencyManagement>
content of application.properties file is:
server.port=8761
eureka.client.register-with-eureka=false
eureka.client.fetch-registry=false