LG Prada 3.0 (LG-P940) is now available in the market. I do not know how popular this smartphone would become. Perhaps it could attract consumers because of the name Prada. Anyway, you might be wondering how to root LG Prada 3.0 since this is a very new smartphone. An XDA Deleloper forum member, KGNTSTNY, was able to root his LG Prada P940 using an older version of SuperOneClick 1.7.
Must Read Article -> The Android Rooting Guide: Things You Need to Know
How to root Lg Prada 3 LG P940
According to him you need to choose Exploit option rageagainstthecage instead of psneuter and hit on root.
Remember this is not an official rooting tool for LG Prada 3.0, it just so happens that it work.
You can download the tool he used to root his LG Prada 3.0 >here.
Disclaimer: Rooting can cause unexpected results to your phone. It could even brick your phone. So try this at your own risk!