Instant Pot Vegetable Biryani

Name: Instant Pot Vegetable Biryani
Ingredients: 2 cups Basmati rice soaked in water for 20-30 minutes; 1/4 cup olive oil or 3-4 tablespoons ghee clarified butter; 4-5 whole cloves; 6-8 whole black peppercorns; 1 Indian bay leaves; 1- inch piece cinnamon stick; 2 cups chopped onions; 4 garlic cloves crushed into a paste; 1 cup chopped potatoes; 1/2 cup chopped carrots; 1/2 cup green peas; 2 teaspoon red chili powder; salt as needed; 1/2 teaspoon turmeric powder; 2 cups chopped tomatoes; 3 tablespoons yogurt; 2 teaspoon garam masala; 1 tablespoon ghee clarified butter; finely chopped cilantro / coriander leaves for garnishing