Intellij IDEA 2017.1 slow startup

7 minutes to start Intellij is huge

2017-03-29 18:09:50,678 [ 47235] INFO - llij.ide.plugins.PluginManager - Plugin 'hg4idea' can't be loaded because: Plugin is disabled
2017-03-29 18:09:54,023 [ 50580] INFO - llij.ide.plugins.PluginManager - 32 plugins initialized in 39650 ms
2017-03-29 18:09:54,144 [ 50701] INFO - llij.ide.plugins.PluginManager - Loaded bundled plugins: Android Support (10.2.2.2), Bytecode Viewer (0.1), Copyright (8.1), Coverage (171.3780.107), Eclipse Integration (3.0), EditorConfig (171.3780.107), Git Integration (8.1), GitHub (171.3780.107), Gradle (171.3780.107), Groovy (9.0), I18n for Java (171.3780.107), IDEA CORE (171.3780.107), IntelliLang (8.0), JUnit (1.0), Java Bytecode Decompiler (171.3780.107), JavaFX (1.0), Kotlin (1.1.1-release-IJ2017.1-1), Maven Integration (171.3780.107), Plugin DevKit (1.0), Properties Support (171.3780.107), Settings Repository (171.3780.107), Subversion Integration (1.1), Task Management (1.0), Terminal (0.1), UI Designer (171.3780.107), XPathView + XSLT Support (4), XSLT-Debugger (1.4), YAML (171.3780.107)
2017-03-29 18:09:54,144 [ 50701] INFO - llij.ide.plugins.PluginManager - Disabled plugins: Ant Support (1.0), CVS Integration (11), TestNG-J (8.0), hg4idea (10.0)
2017-03-29 18:16:52,376 [ 468933] INFO - ellij.util.io.PagedFileStorage - lower=100; upper=500; buffer=10; max=713
2017-03-29 18:16:52,934 [ 469491] INFO - pl.local.NativeFileWatcherImpl - Starting file watcher: H:\Users\atgoel\AppData\Roaming\JetBrains\IntelliJ IDEA Community Edition 2017.1\bin\fsnotifier64.exe
2017-03-29 18:16:54,185 [ 470742] INFO - pl.local.NativeFileWatcherImpl - Native file watcher is operational.
2017-03-29 18:17:17,860 [ 494417] INFO - rains.ide.BuiltInServerManager - built-in server started, port 63342
2017-03-29 18:17:18,005 [ 494562] INFO - gs.impl.UpdateCheckerComponent - channel: release
2017-03-29 18:17:23,566 [ 500123] INFO - il.indexing.FileBasedIndexImpl - Index exts enumerated:4462
2017-03-29 18:17:23,665 [ 500222] INFO - il.indexing.FileBasedIndexImpl - Index scheduled:97
2017-03-29 18:17:24,659 [ 501216] INFO - tellij.psi.stubs.StubIndexImpl - All stub exts enumerated:887
2017-03-29 18:17:24,673 [ 501230] INFO - tellij.psi.stubs.StubIndexImpl - stub exts update scheduled:13
2017-03-29 18:17:26,279 [ 502836] INFO - j.ide.script.IdeStartupScripts - 0 startup script(s) found
2017-03-29 18:17:32,911 [ 509468] INFO - pl$FileIndexDataInitialization - Initialization done:9243
2017-03-29 18:17:33,450 [ 510007] INFO - exImpl$StubIndexInitialization - Initialization done:538
2017-03-29 18:17:33,989 [ 510546] INFO - plication.impl.ApplicationImpl - 85 application components initialized in 499621ms
2017-03-29 18:17:34,313 [ 510870] INFO - .intellij.idea.IdeaApplication - App initialization took 534320 ms
2017-03-29 18:17:45,919 [ 522476] INFO - ibility.VersionMetadataUpdater - Failed to parse XML metadata
java.net.SocketTimeoutException: connect timed out
at java.net.TwoStacksPlainSocketImpl.socketConnect(Native Method)
at java.net.AbstractPlainSocketImpl.doConnect(AbstractPlainSocketImpl.java:350)
at java.net.AbstractPlainSocketImpl.connectToAddress(AbstractPlainSocketImpl.java:206)
at java.net.AbstractPlainSocketImpl.connect(AbstractPlainSocketImpl.java:188)
at java.net.PlainSocketImpl.connect(PlainSocketImpl.java:172)
at java.net.SocksSocketImpl.connect(SocksSocketImpl.java:392)
at java.net.Socket.connect(Socket.java:589)
at sun.security.ssl.SSLSocketImpl.connect(SSLSocketImpl.java:668)
at sun.net.NetworkClient.doConnect(NetworkClient.java:175)
at sun.net.www.http.HttpClient.openServer(HttpClient.java:432)
at sun.net.www.http.HttpClient.openServer(HttpClient.java:527)
at sun.net.www.protocol.https.HttpsClient.<init>(HttpsClient.java:264)
at sun.net.www.protocol.https.HttpsClient.New(HttpsClient.java:367)
at sun.net.www.protocol.https.AbstractDelegateHttpsURLConnection.getNewHttpClient(AbstractDelegateHttpsURLConnection.java:191)
at sun.net.www.protocol.http.HttpURLConnection.plainConnect0(HttpURLConnection.java:1148)
at sun.net.www.protocol.http.HttpURLConnection.plainConnect(HttpURLConnection.java:999)
at sun.net.www.protocol.https.AbstractDelegateHttpsURLConnection.connect(AbstractDelegateHttpsURLConnection.java:177)
at sun.net.www.protocol.http.HttpURLConnection.getInputStream0(HttpURLConnection.java:1513)
at sun.net.www.protocol.http.HttpURLConnection.getInputStream(HttpURLConnection.java:1441)
at java.net.HttpURLConnection.getResponseCode(HttpURLConnection.java:480)
at sun.net.www.protocol.https.HttpsURLConnectionImpl.getResponseCode(HttpsURLConnectionImpl.java:338)
at com.intellij.util.io.HttpRequests.openConnection(HttpRequests.java:511)
at com.intellij.util.io.HttpRequests.access$300(HttpRequests.java:61)
at com.intellij.util.io.HttpRequests$RequestImpl.getConnection(HttpRequests.java:289)
at com.intellij.util.io.HttpRequests$RequestImpl.getInputStream(HttpRequests.java:298)
at com.android.tools.idea.gradle.project.compatibility.VersionMetadataUpdater$3$1.process(VersionMetadataUpdater.java:92)
at com.android.tools.idea.gradle.project.compatibility.VersionMetadataUpdater$3$1.process(VersionMetadataUpdater.java:88)
at com.intellij.util.io.HttpRequests.lambda$doProcess$0(HttpRequests.java:420)
at com.intellij.util.net.ssl.CertificateManager.runWithUntrustedCertificateStrategy(CertificateManager.java:349)
at com.intellij.util.io.HttpRequests.doProcess(HttpRequests.java:420)
at com.intellij.util.io.HttpRequests.process(HttpRequests.java:395)
at com.intellij.util.io.HttpRequests.access$100(HttpRequests.java:61)
at com.intellij.util.io.HttpRequests$RequestBuilderImpl.connect(HttpRequests.java:263)
at com.android.tools.idea.gradle.project.compatibility.VersionMetadataUpdater$3.run(VersionMetadataUpdater.java:88)
at com.intellij.openapi.application.impl.ApplicationImpl$2.run(ApplicationImpl.java:334)
at java.util.concurrent.Executors$RunnableAdapter.call(Executors.java:511)
at java.util.concurrent.FutureTask.run(FutureTask.java:266)
at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142)
at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617)
at java.lang.Thread.run(Thread.java:745)
2017-03-29 18:18:00,309 [ 536866] INFO - CompilerWorkspaceConfiguration - Available processors: 2
2017-03-29 18:18:01,419 [ 537976] INFO - .openapi.application.Preloader - Finished preloading com.intellij.openapi.actionSystem.impl.ActionPreloader@23694ed6