@Amakesh Try disabling Nahimic/A-Volute in the Task Manager before you launch the game. There may be more than one entry in the Task Manager's background processes list, so make sure to go through the entire list.
Your dxdiag also lists a couple errors related to a misbehaving driver, but the error doesn't specify which one. So it's a good idea to tell Windows to look for updates for all your drivers. First, run a couple of basic checks on your Windows system files:
- Hit Windows key-X
- Choose either “PowerShell (Administrator)” or “Windows Terminal (Administrator),” whichever option is offered
- Inside the window that appears, copy and paste “DISM.exe /Online /Cleanup-image /Restorehealth” without quotes into the window, and enter
- The system will start validating soon. If it throws an error, please list it here
- After it reaches 100%, hit Windows key-X again
- Again, choose “PowerShell (Administrator)” or “Windows Terminal (Administrator)”
- Inside the window, copy and paste “sfc /scannow” without quotes into the window, and enter
- Post the message you receive here
Restart your computer, hit Windows key-i, select Update & Security, and click the box to check for updates. If any install, restart again afterwards.
Next, hit Windows key-X, select the Device Manager, open each section in turn, click on each entry, and click the black and green Update button in the menu. Windows probably won't find anything for almost all devices, but that's fine; the point is to make it search. Restart again after you've gone through the list.
When you restart your computer, Nahimic will restart too, so be sure to disable it again before trying to play.
If you get the same error, please post a new dxdiag.