STARTUP property technology (proptech) company Lhoopa Inc. said that it intended to build some 3,000 affordable housing units in the Philippines following a successful $80-million funding round earlier this year.

"Lhoopa aims to significantly scale its operations by delivering 3,000 affordable housing units in the Philippines and initiating pilot projects in Indonesia," Lhoopa Founder and Chief Executive Officer Marc-Olivier Caillot told The Manila Times in an email.

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