I'm trying to use pulumi helm release (python based). The chart's deployment fails with a timeout. Below is the error:

Diagnostics:
  pulumi:pulumi:Stack (test-trial2):
    Python 3.6 is approaching EOL and will not be supported in Pulumi soon. Check <https://github.com/pulumi/pulumi/issues/8131> for more details

    debug: registering resource: ty=pulumi:pulumi:Stack, name=test-trial2, custom=False, remote=False
    debug: registering resource: ty=pulumi:providers:kubernetes, name=my-k8s, custom=True, remote=False
    debug: registering resource: ty=kubernetes:<http://helm.sh/v3:Release|helm.sh/v3:Release>, name=trial-edge, custom=True, remote=False
    debug: Waiting for outstanding RPCs to complete
    debug: RPCs successfully completed
    debug: Waiting for 55 outstanding tasks to complete
    debug: beginning rpc register resource
    debug: beginning rpc register resource
    debug: beginning rpc register resource
    debug: beginning rpc register resource outputs
    debug: resource registration prepared: ty=pulumi:pulumi:Stack, name=test-trial2
    debug: resource registration successful: ty=pulumi:pulumi:Stack, urn=urn:pulumi:trial2::test::pulumi:pulumi:Stack::test-trial2
    debug: resource registration prepared: ty=pulumi:providers:kubernetes, name=my-k8s
    debug: register resource outputs prepared: urn=urn:pulumi:raji-trial2::test::pulumi:pulumi:Stack::test-trial2, props=
    debug: resource registration successful: urn=urn:pulumi:raji-trial2::test::pulumi:pulumi:Stack::test-trial2, props=
    debug: resource registration successful: ty=pulumi:providers:kubernetes, urn=urn:pulumi:trial2::test::pulumi:providers:kubernetes::my-k8s
    debug: resource registration prepared: ty=kubernetes:<http://helm.sh/v3:Release|helm.sh/v3:Release>, name=trial-edge
    error: update failed
    debug: resource registration successful: ty=kubernetes:<http://helm.sh/v3:Release|helm.sh/v3:Release>, urn=urn:pulumi:trial2::test::kubernetes:<http://helm.sh/v3:Release::trial-edge|helm.sh/v3:Release::trial-edge>

  kubernetes:<http://helm.sh/v3:Release|helm.sh/v3:Release> (trial-edge):
    warning: Helm release "trial-edge-8kchrd9c" was created but has a failed status. Use the `helm` command to investigate the error, correct it, then retry. Reason: timed out waiting for the condition
    error: 1 error occurred:
        * Helm release "trial-edge/trial-edge-8kchrd9c" was created, but failed to initialize completely. Use Helm CLI to investigate.: failed to become available within allocated timeout. Error: Helm Release trial-edge/trial-edge-8kchrd9c: timed out waiting for the condition

The same chart goes through fine when deploying manually (helm status shows deployed as well). All k8s objects are created properly in both the cases. How do I need to debug this further?

Has anyone else faced this issue, or know how to debug this further?