Python: Pandas pd.read_excel giving ImportError: Install xlrd >= 0.9.0 for Excel support

I am trying to read a .xlsx with pandas, but get the follwing error:

data = pd.read_excel(low_memory=False, io="DataAnalysis1/temp1.xlsx").fillna(value=0) 

Traceback (most recent call last):
  File "/Users/Vineeth/PycharmProjects/DataAnalysis1/try1.py", line 9, in <module>
    data = pd.read_excel(low_memory=False, io="DataAnalysis1/temp1.xlsx").fillna(value=0)
  File "/Users/Vineeth/venv/lib/python2.7/site-packages/pandas/util/_decorators.py", line 118, in wrapper
    return func(*args, **kwargs)
  File "/Users/Vineeth/venv/lib/python2.7/site-packages/pandas/io/excel.py", line 230, in read_excel
    io = ExcelFile(io, engine=engine)
  File "/Users/Vineeth/venv/lib/python2.7/site-packages/pandas/io/excel.py", line 263, in __init__
    raise ImportError(err_msg)
ImportError: Install xlrd >= 0.9.0 for Excel support

I’ve also tried

data = pd.read_excel("DataAnalysis1/temp1.xlsx", low_memory=False).fillna(value=0)

And I Still get the same error.

Background: I’m trying to extract an excel file with multiple worksheets as a dict of data frames.I installed xlrd version 0.9.0 and the latest version(1.1.0) but I still get the same error. Thanks!