The British star is one of several big-name players who look set to compete in the inaugural IPTL in December 2014.
The IPTL will see numerous stars of the men's and women's game join up to compete for Asian franchises based in the continent's big cities.
It is the brainchild of ATP doubles specialist Mahesh Bhupathi, whose Globosport company recently announced a venture with Murray in a bid to exploit developing markets in Asia.
World number one Novak Djokovic and Rafael Nadal are other ATP stars who have committed to the tournament, while on the women's side Serena Williams, Victoria Azarenka and Li Na are in. The format is also set to feature some legends players.
The players have doubtless been lured by big money. Reports suggest they could earn up to US$1million per year.
The salary looks set to be decided by a player auction prior to January's Australian Open in a similar way to how cricket's Indian Premier League works.
"We've signed multiple players across all categories and expect to have over 100 players signed and available on the day of the draft for owners to pick from," Bhupathi told the Times of India.
The first season of the IPTL is due to involve six teams. Bangalore - Bhupathi's home city - is likely to be one of them, while cities in the Middle East also seem likely to feature. Even Tennis Australia, the governing body Down Under, has indicated it would like to own a franchise.
The idea of adding more tennis to an already-packed calendar is bound to prove controversial. December is currently the only month not to feature any ATP or WTA tournaments.