In the Instant Pot add the jasmine rice, water, and juice from 1 lime. Stir together. Place the lid on the Instant Pot and turn the valve to 'seal'. Press 'Rice' and manually adjust the time to 12 minutes.

Let cook. Once it's done cooking, turn the valve to release the pressure (caution, this will be very hot), then remove the lid, and sprinkle fresh juice from 1 lime and with fresh cilantro. Serve immediately.