Hi @parth
It looks like your users don't have Exchange Online mailboxes, make sure you have created Exchange Online mailboxes for your users before calling the api endpoint. Or assign an Exchange Online license to your user account, which will automatically create a mailbox for the user.
If the answer is helpful, please click "Accept Answer" and kindly upvote it. If you have extra questions about this answer, please click "Comment".
Note: Please follow the steps in our documentation to enable e-mail notifications if you want to receive the related email notification for this thread.