After a lot of efforts I finally managed to get my project to build with webpack in both android and IOS - npm run build-ios-bundle and npm run build-android-bundle both work and I am able to build the project successfully.
However when i try to run the project in IOS i get the following error:
Failed to create file at path '/var/containers/Bundle/Application/0B693BA3-00EC-4C21-90CF-14E92AA0D68C/questNewS.app/app/phone.css'
Also the styles and the custom fonts that I have used to create the project are not applied and the styling breaks completely.
Please let me know what I can do or if you need more information.
Project uses the latest tns version 3.2.0.