EVE-NG loses its management IP after reboot

I have a Dell R710 server with ESXI 6.5 on it. Server is connected to a switch. I have a laptop connected to the switch as well.

SW: 192.168.10.1

ESXI host: 192.168.10.2

EVE-NG: 192.168.10.3

LAPTOP: 192.168.10.4

I installed the free version of EVE-NG on a VM.

During the initial EVE-NG set up wizard, I assigned a static IP for the management network.

However, every time the VM is rebooted, it loses it IP address. The linux console login prompt shows "Eve-NG (default root password is 'eve') No IP address on interface eth0"

Is there something I misconfigured from EVE-NG or is it ESXI VM that is misconfigured?