The series scheduled from August 24 to September 1 will also feature two prominent I-League clubs from the North East, Shillong Lajong FC and newly promoted United Sikkim FC.
Organisers said the series will be in round-robin format and the top two teams will play in the final to be held in Shillong on September 1.
Wellington Phoenix Football Club is a professional club from New Zealand, which plays in Australia's premier professional football competition, the A-League.
The Kiwi team boasts of having four World Cup players, Tony Lochhead, Benjamin Sigmund, Leo Bertos and Jeremy Brockie who represented New Zealand in the 2010 World Cup in South Africa.
The tournament is being jointly organised by Shillong Lajong FC and JPR Events and supported by football association of Meghalaya, Assam and Manipur.