Marinate the peeled baby potatoes with 2 tablespoon coconut yogurt, ½ teaspoon red chili powder, and ¼ teaspoon turmeric powder.
Press ‘SAUTE’ mode on Instant Pot and add a couple of teaspoons of oil.
As the oil heats up, add cumin seeds, cinnamon, cardamom, and cloves, and ginger-garlic paste
Add sliced onions and garam masala, red chili powder, and turmeric powder. Saute for 2-3 minutes with regular stirring until they turn light brown in color.
Add salt, coconut yogurt, chopped carrots and cook for 30 seconds.
Add rinsed Basmati Rice, mint leaves, soaked saffron, marinated potatoes, star anise, and water then give a good stir.
Press CANCEL button on Instant Pot.
Close the lid on the pot, and turn the valve from VENTING to SEALING position.
Set the pot to MANUAL/PRESSURE COOK (High Pressure) and set the timer to 4 minutes.
Wait for NATURAL PRESSURE RELEASE(NPR). Wait for the silver button on the lid to drop before opening the lid.
Aloo Biryani is ready! Serve it hot paired with coconut raita or potato chips.