"No Bundle Url Present" Error on running react native app on real ios device

Question

My App was running quiet well on my iPhone XR when i connected it to my mac. things started going wrong when i upgraded my iPhone software to 15 from 14. after the upgrade, xcode started showing "iPhone is not ready for development" as soon as build process completed. i found it was an issue due to xcode & device ios version mismatch. Hence i upgraded my xcode version to 13.3 from 13.1 Now when i build the app on my iPhone, the build gets successful, it installs the app on my device, it opens up automatically but fails to load from bundler running on my system, showing error in the screenshot attached. hitting "r" on bundler terminal console also shows "no apps are connected" enter image description here the app runs quite well on ios Simulator though, i dont encounter this error while running on simulator