Android-Studio : Error: Could not create the Java Virtual Machine

Solution:

• Changed below file to modify vm heap option.
C:\Program Files\Android\android-studio\bin\studio.exe.vmoptions
& increased -Xms128m to -Xms512m and restarted Android Studio.

• You should create a new environment variable named _JAVA_OPTIONS, set it to -Xms256m -Xmx1024m and it should work.
• Follow this steps:
1. Run regedit
2. Go to HKEY_CURRENT_USER
3. Select Environment
4. Add a new String Value and enter _JAVA_OPTIONS for Value name
5. Enter -Xms256m -Xmx512m for Value data
6. Reboot computer