FC Goa, who are also the defending champions of the Durand Cup remain unbeaten in the competition, having competed in two editions of the tournament in 2019 and 2021.
The Blues were finding it difficult to cope against the Foxes for the first hour of the game as they shipped six goals but soon found their feet to give Leicester City a bit of a scare as they scored three quickfire goals in the second half.
Bengaluru FC face former Premier League champions Leicester City FC's academy team while Kerala Blasters FC play Tottenham Hotspur in the opening round on Wednesday.
Both clubs' reserve teams will face the academy sides of some of the top Premier League clubs in the international competition that will also see an academy side from South Africa as one of the participating teams.
The tournament is part of the longstanding partnership between Premier League and Football Sports Development Limited (FSDL) to support the development of football in India.
The 25-year-old was among the top Indian defenders at SC East Bengal last season and was the shining light in an otherwise disappointing season for the red and gold brigade
Krishna, who captains Fiji and has the most goals and appearances for his country, has previously turned out for ATK FC and ATK Mohun Bagan in the Indian Super League (ISL)
The 25-year-old, who most recently turned out for SC East Bengal in the Indian Super League, is the Blues' fifth signing under Simon Grayson, following the acquisitions of Prabir Das, Javi Hernandez, Faisal Ali and Amrit Gope.
Gope, who most recently turned out for TRAU FC, has signed on a deal that will see him at the club until 2023-24, former Mohammedan Sporting winger Ali's deal runs through until the end of the 2024-25 campaign