Issue
You have not accepted the license agreements of the following SDK components: [Android SDK Platform 23, Android SDK Build-Tools 23.0.1]. Before building your project, you need to accept the license agreements and complete the installation of the missing components using the Android Studio SDK Manager. Alternatively, to learn how to transfer the license agreements from one workstation to another, go to http://d.android.com/r/studio-ui/export-licenses.html
Solution
Copy licenses folder inside C:/Users/your user/AppData/Local/Android/Sdk/licenses and past to C:/Users/your user/AppData/Local/Android/Sdk/tools folder.
Now run react-native run-android
It worked for me
Answered By - Ahsan
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