Pseudolaguvia vespa, new species, is described from the Tsücha River, Mokokchung district, Nagaland, India. The new species can be distinguished from congeners in having the following combination of characters: length of dorsal-fin spine 12.3–16.8% SL, a smooth anterior edge of the dorsal-fin spine, caudal peduncle depth 9.0–10.5% SL, body depth at anus 15.6–17.7% SL, caudal fin length 20.7–24.5% SL, pectoral fin length 20.1–24.1% SL, interorbital distance 22.7–28.1% SL, thoracic adhesive apparatus extending to midway between base of last pectoral-fin ray and pelvic-fin origin, and live specimens with two irregular, chrome-yellow bands on the body.