New-SPOSSiteGroup
To Add a group to a sharepoint site use New-SPOSSiteGroup and provide -Group -PermissionLevel -Site
New-SPOSiteGroup -Group "SME" -PermissionLevels "Full Control" -Site https://doubleecpu805.sharepoint.com/sites/doubleecpu805
Add-SPOUser
Add existing users to the group Add-SPOUser -Group <String> -LoginName <String> -Site <SpoSitePipeBind>