The issue is most likely connected with some of the MS Visual C++ being corrupted or missing.

Uninstall all versions of Visual C++, for example Visual C++ 2013 and Visual C++ 2012 (as well as any older ones) and re-install the latest packets. Official Microsoft Visual C++ 2013 installation files can be downloaded at:
https://www.microsoft.com/en-us/download/details.aspx?id=40784

Additionally, update your .NET Framework:
http://www.microsoft.com/en-us/download/details.aspx?id=30653

Finally, make sure you have the latest DirectX 11 installed. There is no standalone update package for DirectX 11.2 on Windows 8. You can only install this DirectX version through Windows Update in Windows 8.1, Windows RT and Windows Server 2012 R2.

DirectX 11.1 for Windows 7 SP1 and Windows Server 2008 R2 SP1 can be downloaded at:
http://www.microsoft.com/en-us/download/details.aspx?id=36805


Additionally, consult our other article on using your dedicated video card instead of the unsupported Intel HD card, please.