The team, headed by Additional Director General of Police (Crime) S S Kapoor, will also investigate two other blasts that took place in Panipat on January 16 and May 13.
The government has also decided to seek the help of National Investigation Agency (NIA) in probing today's incident, a police spokesperson said.
At least 12 passengers were injured in the "low intensity" blast that took place in Pipli area.
A case was registered at Police Station Sadar, Thanesar, Kurukshetra, against the earlier blasts.