The Mongolian has a 10-3 record but had his nine-fight winning streak ended by Artem Belak at ONE Fight Night 18 earlier this year and is looking to get back into title contention with a win next month.
Bhuminaan has a 6-0 record and has won five of his five bouts in ONE Championship, which takes place every Friday night at Lumpinee Stadium.
He was rewarded with a long-term contract and the opportunity to compete in one of the Saturday morning events broadcast live on Prime Video in North America.
He follows in the footsteps of Team Lakay fighters such as Honorio Banario, Kevin Belingon, Eduardo Folayang, Geje Eustaquio and Joshua Pacio who have won titles while competing in ONE Championship.
Now that most of the former champions have left camp, Bhuminian is part of a new generation looking to step up and fill the void.
He was originally scheduled to face Muay Thai veteran Asa Teng Pow at ONE Fight Night 24. The American fighter withdrew and will instead face an opponent with a proven track record of defeating the Filipino fighter.
Also added to the card is a matchup between featherweights Shamil Gasanov and Aaron Kanat, who will both be looking to bounce back from recent losses.
Gasanov fell to 10-1 following a submission loss to Garry Tonon, while Kanate was stopped by Akbar Abdullayev just 41 seconds into his ONE Championship debut.
Former flyweight kickboxing champion Elias Mahmoudi will also feature on the card, facing experienced Japanese kickboxer Taiki Naito.
In the bantamweight Muay Thai bout, Felipe Lobo will face Ferrari Fairtex.
Brazil's Lobo gave champion Jonathan Haggerty all sorts of problems in their recent title bout but ultimately fell short.
Ferrari won the prestigious Thai Sports Writers Association Fighter of the Year award in 2021 and has been recognised as one of the best Muay Thai fighters in recent years.
He has won four straight matches at Lumpinee Stadium, held every Friday night.