Update README.md

Author: saravanangn

README.md

@@ -1,2 +1,10 @@
-# react-image-editor-with-rich-text-editor
-Integrating an image editor with a React Rich Text Editor.
+# Integrate React Image Editor Component with Rich Text Editor
+Integrating an image editor with a React Rich Text Editor can be achieved by using a library such as React-Image-Editor. This library provides an easy-to-use API that allows developers to quickly and easily add an image editor to their React Rich Text Editor. It provides a variety of features, including image cropping, resizing, rotation, and more. Additionally, it supports a wide range of image formats, including JPEG, PNG, and GIF. 
+
+## Project prerequisites
+
+Make sure that you have the latest versions of NodeJS and Visual Studio Code in your machine before starting to work on this project.
+
+### How to run this application?
+
+To run this application, you need to clone the `react-image-editor-with-rich-text-editor` repository and then open it in Visual Studio Code. Now, simply install all the necessary react packages into your current project using the `npm install` command and run your project using the `npm start` command.