How to read this data from Notepad file and save it to sql server table .

Question

Hi Developers,

I have one text file that contains data in a below format

00123456^USA^23:00:01^999^Peter
00646365^England^10:00:04^785^Samuel
8r885777^Australia^12:01:32^123^Romansh

I want to read this data from file and save it to sql server table .
Thanks in Advance