Spring Boot Application generated by Spring Initializr on running in eclipse gives A child container failed during start for a

I have created a spring boot web application using spring initializr with dependency as web. I tried running it in eclipse without any modifications in the generated project. I am getting ERROR

o.apache.catalina.core.ContainerBase.log - A child container failed during start java.util.concurrent.ExecutionException: org.apache.catalina.LifecycleException: Failed to start component [StandardEngine[Tomcat].StandardHost[localhost].StandardContext[]]

.. I have searched in stackoverflow, similar questions are there but I didn't get the answer working for me?