It is started by Bengaluru-based venture Ethereal Machines. They have very good background building cnc machine. and even they make 5-axis cnc machine so it was not something new to them in terms of hardware and even little bit in terms of software. But real challenge was there for them was to make it work for both on 3d printing and cnc.
Currently they are working on shortening the code to run the machine and they said, " we will shorten the code soon".
Here is the link to the YouTube video of theirs ( Teaser ! not sponsored by them or anyonone else. It is only for reference purpose.)