Press the saute button on the Instant Pot. Once it displays hot, add the oil and then add the cumin seeds. Let the cumin seeds sizzle for few seconds.Then add the onion, green onion and sliced green chili. Stir and cook for 2 minutes until onions are soft.
Add the ginger-garlic paste and cook for 1 minute.
Then add the sliced tomato, carrot, frozen green peas and paneer. Stir.
Add water and de-glaze the pot. Scrape the bottom with a spatula and remove all browned bits from the bottom of the pot (that happens as a result of sauteing the onions).Don't skip this step else the pot might not come to pressure. If you have a 8qt, you might need extra 1/4 to 1/2 cup water.
Then add turmeric, cardamom, chili powder, garam masala, ketchup, vinegar, sugar, salt. Add tomato puree on top and do not stir.
Close the pot with its lid. Press the manual or pressure cook button and cook on high pressure for 3 minutes. Let the pressure release naturally for 5 minutes and then do a quick pressure release.
Open the pot and press the saute button. Add the sliced green peppers and ginger julienne. Cover the pot with a glass lid and let it simmer for 3 to 4 minutes. Add in fresh cilantro.
Serve vegetable jalfrezi with naan, rice or quinoa!
Stove-top Instructions
Heat oil in a heavy bottom pan on medium heat. Once hot, add the cumin seeds and let then sizzle. The add the onions, green chili and saute them for 2 to 3 minutes until softened.
Add the ginger-garlic paste and cook for 1 minute. Then add the sliced tomato, carrot, peas and paneer. Add water (you might need only 1/2 cup of water while making this on stove-top). Also add turmeric, cardamom, chili powder, garam masala, ketchup, vinegar, sugar, salt and tomato puree. Stir and cover the pan with a lid. Let the veggies cook for 5 to 6 minutes.
Then add the green peppers and ginger julienne. Cover and simmer for 3 more minutes. Garnish with cilantro and serve.
Notes
You might need to add more water if you have a 8qt. Since I don't have one and this recipe was only tested in a 6qt I can't say how much but try adding 1/4 cup extra water.
Do use store bought tomato puree in this recipe.
To make this vegetable jalfrezi vegan, use tofu in place of paneer.
If you prefer a drier version, just saute the dish for more time once it's done. The water will evaporate and it will dry out.